LONDON (Thomson Financial) - West Pioneer Properties Ltd swung to a
first-half pretax profit after higher finance revenues and finance costs that
declined more than half, and said it expects its Kalyan shopping mall project to
open by the year-end.
For the period to Sept 30, the mall developer posted a pretax profit of
365,223 usd compared with a pretax loss of 340,357 usd a year earlier.
Finance revenues increased to about 1.17 mln usd from 4,557 usd previously.
Finance costs declined to 33,355 usd from 79,893 usd last time.
tf.TFN-Europe_newsdesk@thomson.com
jjo/pmi/slm
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|